503 N Delaware Street

Paulsboro, NJ 08066

Discover Your Next Investment Opportunity at 503 N Delaware! Dont miss out on this promising quadplex, perfectly positioned on the cusp of Billingsport. With strong rental income potential and two out of four units already leased, this property is an excellent addition to any investment portfolio. Key Features: Complete access to the basement for all utilities, ensuring smooth management. Current Rental Income: Unit 1: Spacious one-bedroom with a large living room and eat-in kitchen, currently rented for $1,275. Unit 2: Cozy one-bedroom unit generating $1,100 in rental income. Vacant Units with Great Potential: Unit 3: A large one-bedroom with a separate living room, offering the potential to convert into a two-bedroom. Perfect for maximizing rental income! Unit 4: Similar layout to Unit 3, this unit could serve as a small two-bedroom or a one-bedroom with a cozy living area. It presents an opportunity for some updating, allowing you to add your personal touch. Income Potential: Once fully rented, anticipate a monthly income ranging from $4,500 to $5,000, depending on your rental strategy. With two units actively being shown, theres a strong chance of securing tenants by the time of settlement. Why Invest in 503 N Delaware? Strategic Location: Situated near Billingsport, this property benefits from easy access to local amenities and transportation. Value-Add Opportunity: The vacant units allow for customization and potential rent increases after updates. Take the next step in building your investment portfolio with this fantastic quadplex. Schedule a showing today and see the potential for yourself!

This is an Active listing.

Broker Office Phone Number: 844-837-5274

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